Application of the Silver Meal Methodology to the supply system of a meat company in Arequipa - Peru (#572)

Authors

Rondán Sanabria, Gerby Giovanna

Medina Tunqui, Allison Alexa

Medina Villagomez, Hugo Andres

Sanchez Chavez, Giancarlo Franko

Velarde Allazo, Edwar Andrés

Abstract

Abstract — The methodologies and deterministic inventory models, as well as resource optimization within small and medium-sized enterprises (SMEs), constitute valuable tools that address crucial aspects such as order planning and inventory classification. These methodologies provide strategic approaches to enhance operational efficiency and decision-making within the scope of supply chain management. The aim of this study was to employ the Silver Meal (SM) and ABC methodologies in a meat SME to achieve a balance between product availability, cost reduction, and demand satisfaction. Using the ABC model, the fifteen meat products were then reordered and classified based on their frequency of exit from the warehouse. Using the SM model, an optimal order plan was generated for specific periods, considering demand, costs, and variables to achieve an organization in terms of quantity and price when placing orders. When comparing the company's current supply model with the one derived from the SM, cost savings were emphasized in both approaches, amounting to $11,337 annually for the fifteen meat products.